Ujaas Energy Limited has informed the Exchange about increase in Authorised Capital
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Ujaas Energy's board, meeting on 3 November 2025, approved raising the Authorised Share Capital from ₹45 crore to ₹52 crore (45 crore to 52 crore equity shares of ₹1 each), subject to shareholder approval. The board also cleared a preferential allotment of 12.76 crore equity shares to 81 non-promoter investors at ₹11 per share (₹1 face value + ₹10 premium), raising about ₹140.33 crore. Additionally, up to 24 crore equity shares will be issued to SVA Family Welfare Trust (the Resolution Applicant) at ₹1 per share against a convertible RA loan under the approved resolution plan, to comply with Minimum Public Shareholding norms. All proposals require shareholder approval at the upcoming EOGM and necessary regulatory clearances.
This is a significant dilution event for existing shareholders, with potentially up to 36.76 crore new shares being issued (a preferential issue plus a loan-conversion issue at face value). The stock is likely to face short-term pressure due to dilution, though the ₹140+ crore capital raise could strengthen the company's balance sheet.